KEYCORP /NEW/ — Director's Dealing 2011

Jul 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2011-07-22

Reporting Person: GILLIS RUTH ANN M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-22	Phantom Shares	$8.41	A	8323	Acquired	2014-07-22	Common Shares (8323)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2500	Direct

Footnotes

F1: Phantom Shares are awarded under Deferred Share Plan and payable one half in cash and one half in Common Shares.